Harley-Davidson, Inc. (NYSE:HOG) Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC trimmed its position in Harley-Davidson, Inc. (NYSE:HOG) by 6.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 78,571 shares of the company’s stock after selling 5,471 shares during the quarter. Mutual of America Capital Management LLC owned approximately 0.06% of Harley-Davidson worth $2,895,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of HOG. Natixis Advisors L.P. raised its holdings in shares of Harley-Davidson by 34.1% in the 1st quarter. Natixis Advisors L.P. now owns 36,335 shares of the company’s stock valued at $1,432,000 after purchasing an additional 9,243 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in shares of Harley-Davidson by 10.5% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 56,394 shares of the company’s stock valued at $2,222,000 after purchasing an additional 5,377 shares in the last quarter. BlackRock Inc. raised its holdings in shares of Harley-Davidson by 1.5% in the 1st quarter. BlackRock Inc. now owns 12,727,257 shares of the company’s stock valued at $501,454,000 after purchasing an additional 194,089 shares in the last quarter. Great West Life Assurance Co. Can raised its holdings in shares of Harley-Davidson by 8.1% in the 1st quarter. Great West Life Assurance Co. Can now owns 86,260 shares of the company’s stock valued at $3,496,000 after purchasing an additional 6,447 shares in the last quarter. Finally, Yousif Capital Management LLC raised its holdings in shares of Harley-Davidson by 1.8% in the 1st quarter. Yousif Capital Management LLC now owns 85,664 shares of the company’s stock valued at $3,375,000 after purchasing an additional 1,495 shares in the last quarter. 85.10% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on HOG. Bank of America raised their price objective on shares of Harley-Davidson from $50.00 to $55.00 and gave the company a “buy” rating in a report on Thursday, March 14th. DA Davidson increased their target price on shares of Harley-Davidson from $42.00 to $49.00 and gave the company a “buy” rating in a research report on Thursday, April 11th. UBS Group increased their target price on shares of Harley-Davidson from $29.00 to $39.00 and gave the company a “neutral” rating in a research report on Friday, February 16th. BMO Capital Markets increased their target price on shares of Harley-Davidson from $45.00 to $50.00 and gave the company an “outperform” rating in a research report on Wednesday, April 3rd. Finally, Citigroup increased their target price on shares of Harley-Davidson from $36.00 to $37.00 and gave the company a “neutral” rating in a research report on Tuesday, February 27th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $46.67.

Harley-Davidson Trading Down 0.3 %

Shares of Harley-Davidson stock opened at $37.82 on Friday. Harley-Davidson, Inc. has a 1 year low of $25.43 and a 1 year high of $44.16. The company has a debt-to-equity ratio of 1.53, a quick ratio of 1.25 and a current ratio of 1.53. The company has a market capitalization of $5.09 billion, a P/E ratio of 7.85, a PEG ratio of 2.54 and a beta of 1.43. The company’s fifty day moving average is $39.81 and its two-hundred day moving average is $34.66.

Harley-Davidson (NYSE:HOG) last issued its quarterly earnings data on Thursday, February 8th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.14. Harley-Davidson had a net margin of 12.11% and a return on equity of 22.00%. The company had revenue of $791.65 million for the quarter, compared to the consensus estimate of $875.29 million. During the same period last year, the firm posted $0.28 EPS. Harley-Davidson’s revenue for the quarter was down 13.8% on a year-over-year basis. Analysts forecast that Harley-Davidson, Inc. will post 4.22 earnings per share for the current year.

Harley-Davidson Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 20th. Stockholders of record on Monday, March 4th were issued a $0.1725 dividend. This is an increase from Harley-Davidson’s previous quarterly dividend of $0.17. The ex-dividend date was Friday, March 1st. This represents a $0.69 annualized dividend and a dividend yield of 1.82%. Harley-Davidson’s payout ratio is presently 14.32%.

Harley-Davidson Company Profile

Harley-Davidson, Inc manufactures and sells motorcycles in the United States and internationally. The company operates in three segments: Harley-Davidson Motor Company, LiveWire, and Harley-Davidson Financial Services. The Harley-Davidson Motor Company segment designs, manufactures, and sells motorcycles, including cruiser, trike, touring, standard, sportbike, adventure, and dual sport, as well as motorcycle parts, accessories, and apparel, as well as licenses its trademarks and related services.